News

SHIB Burn Rate Increases By 60%

According to the Shibburn website, there was an increase of 60.94% in the SHIB burn rate, 21,584,934 SHIB were burned. SHIB is up 4.22% in the last 24 hours and is currently worth $0.000009 per token.

The Shiba Inu burn rate was going up by 60.94% in the last 24 hours.

SHIB Burn Rate. Source: shibburn.com

Shytoshi Kusama, the lead developer of SHIB, tweeted a mystery message that simply “WOOF,” which implies something interesting occurs.

At the same time, Travala, a cryptocurrency-friendly travel site, and Bitpoint, a renowned Japanese crypto exchange, recently announced gifts for the Shiba Inu community. For every SHIB reservation made on Travala, users are given a free $25 travel credit that can be used on any of the more than three million hotels and flights the website offers.

Moreover, the cryptocurrency exchange BitPoint Japan stated that it would become the first major Japanese exchange to list SHIB at the end of November. One million Shiba Inu tokens will be given away as prizes to new SHIB users, according to a Bitpoint announcement.

SHIB is up 4.22% in the last 24 hours and is currently worth $0.000009 per token, down 89% less than its all-time high. SHIB is the 15th largest cryptocurrency in the world with a market cap of $5.41 billion, according to data from Coincu.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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